Indian telecommunications incumbent Bharti Airtel has once again seen its profits plummet as the ongoing price war in Indian continues to undermine and affect the profitability of operators in the fiercely competitive telecommunications industry.

Japanese conglomerate SoftBank has seen its net profits soar by a whopping 50%. The company is attributing its success to its high-tech investment fund. Net profits proliferated by 51.6% from 2017, with the software leader accumulating an incredible 1.5 trillion yen ($13.7bn) in just twelve months.

The Czech Republic has become the latest European country to express their concerns over the business practices adopted by Huawei. The country’s tax directorate has announced that it has excluded the Chinese vendor from a lucrative tender believed to worth over €20m.